Elon Musk Wants Twitter’s Trial Request to Be Delayed until February

Will Twitter compel Elon Musk to pay for its shares as suggested? His refusal to buy the company for the initial price has already brought the parties to court, where Twitter wants the trial to start in September. And while Musk responds to it with a request for delay, he has his reasons for naming February 2023 as the date.

The bot scandal with Twitter may become the loudest case in the IT world after the Epic vs. Apple lawsuit. In short, after Elon Musk had made a deal with the Twitter board about the acquisition of the company, he withdrew his decision, explaining that, as too many Twitter users are actually bots, its real user base has been overestimated and so the shares were overpriced. Twitter responded to it by filing a lawsuit against the Delaware Chancery Court to force him into keeping his word.

Not that Musk isn’t ready to go the court. But he definitely wants the proceedings to start later than October 25, the deadline for the merger agreement. Instead, if the trial starts in February 2023, it may last long enough for the debt financing packages to expire. Thus, Musk would be unable to purchase the shares for the price that Twitter insists on ($54.20/share) anyway.

What happens on Twitter in the meantime? Not that armies of bots seemed to diminish; instead, there are even more of them promoting commercial or political messages or just adding to the chaos. Chaotic does the future of Twitter looks, too; not that it’s dying, but the shares have gone 1% down after the news.

How do you think the events will unfold? Will Twitter force Musk to continue with the acquisition? Or will the trial be delayed as Musk wants it to? And what’s most important, will it result in fewer bots polluting communication on Twitter? Let’s see what happens. And drop a comment in the comments section if you have something to say.